by: Sarah Joson
Wednesday, July 30, 2014 | Outsourcing News |
Meanwhile, the transportation and communication sectors posted bullish figures with 15.7 percent – coming from the negative growth of 0.1 percent during Q1 of last year.
The second fastest growth rate was seen in the real estate segment. It grew from 12.1 to 13.4 percent this year.
The PSA mentioned that even if other sectors posted positive growth, it was at a slower rate. In fact, the trade sector grew by 7.1 percent from last year’s 11.1 percent, and the manufacturing sector with 2.2 percent from 6.6 percent during the same period.
However, growth in employment improved, from 1.3 percent during the first quarter of last year to 1.4 percent this year.
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